Netflix Stock Surge, Wall Street Remains Divided On Its Future!

Netflix Stock Surge, Wall Street Remains Divided On Its Future!

Netflix is back on track as Netflix (NFLX) shares closed 13% higher on Wednesday. The surge in stocks came when on Tuesday, the company shared its third-quarter earning reports that crushed expectations and prompted shares to surge more than 14% in after-hours trading.  The online streaming company earned $7.93 billion versus the $7.85 billion expected by…

Mark Zuckerberg Has $10 Billion Proposal For Remote Workers!

Mark Zuckerberg Has $10 Billion Proposal For Remote Workers!

Last week at the time of Meta Connect 2022 live, CEO Mark Zuckerberg talked about his future planning for the Meta to bring avatars. He told that the company is right now functioning on avatars for human employees to bring on video chat or in other words. We can say those uncanny digital stand-ins for…

Joe Biden Orders More Emergency Oil Releases To Officials!

Joe Biden Orders More Emergency Oil Releases To Officials!

President Joe Biden has announced more release of oil from the US Strategic Petroleum Reserve and approved the sale of 15 million barrels of oil in December. This move came two weeks after OPEC. Other oil-producing companies declared to cut oil production by 2 million barrels per day to raise the price of their profits. After…

Credit Suisse Settles Mortgage Case With US Prosecutors For $495mn!

Credit Suisse Settles Mortgage Case With US Prosecutors For $495mn!

What can be stated as the biggest financial crisis of all time, the legal case of 2008 is back to life as google Credit Suisse Group AG will be paying an amount of $495 million to settle off the case running against them because of residential mortgage-backed securities which were sold by them and it…